VP - Anonymous employee DTCC Employee Review

1.0
Oct 26, 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Short Hours, most people run at 5 and come in 9:10

Cons

Annual layoffs in November, just before bonus. Limited promotional opportunity. Limited job applicability to the rest of the financial sector Out dated technology, theiir main client interface system has been around since the 70s. DTCC is not really autonomous as it is the creature of a few large broker dealers. Tight work spaces. Reputation suffered greatly after Sandy when this depository saw a lot of the paper it was guarding submerged under water. Incestuous, many people have never worked anywhere else, therefore many managers including MDs are highly insecure No free coffee Tattling and gossip encouraged by MDs

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5.0
May 17, 2026
Recommend
CEO approval
Business outlook

Pros

Very good work culture at dtcc

Cons

not many cons at dtcc

4.0
Jun 5, 2026
Recommend
CEO approval
Business outlook

Pros

Internal Audit's work is meaningful and provides strong exposure across risk, technology and operations. Audits tend to focus on areas that truly matter from a regulatory and risk perspective, so you're not just checking boxes. There is a genuinely strong team culture. Colleagues are competent, collaborative, and willing to help, with a good mix of experience levels that make it a solid environment for learning. There is also clear investment in employee development. Managers often have regular career discussions, and there are ongoing efforts around training, including newer areas like AI tools and capabilities. Recognition is present, and people are generally acknowledged for strong performance. Overall, it's a strong place to build audit fundamentals, gain exposure to innovation initiatives, and develop credibility within financial services / internal audit.

Cons

Internal Audit's workload is consistently high, not just during peak periods. It's common to juggle multiple audits with overlapping deadlines, alongside continuous monitoring and other responsibilities, which can make it difficult at times. Processes can be very documentation heavy and sometimes feel rigid, which is expected in a highly regulated environment but can reduce efficiency. A significant amount of time can go into formatting, reviewing and aligning work papers to methodology. Some workflows remain manual, which adds to the overall pressure and limit efficiency.

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